Swiss Economicblogs.org
Initial jobless claims fell to just 234k for the week of February 4, nearly matching the 233k multi-decade low in mid-November. That brought the 4-week moving average down to just 244k, which was a new low going all the way back to the early 1970’s. Jobless claims seemingly stand in sharp contrast to other labor market figures which have been suggesting an economic slowdown for nearly two years. Unemployment insurance...
Read More »Jobless Claims Look Great, Until We Examine The Further Potential For What We Really, Really Don’t Want
